Tracking finance as a student
Fundamental strategies are same for everyone irrespective of age.
- Write expenses/ records (Analyse, observe and learn from records for further improvisation in monthly budget. Like understanding needs vs luxury. What’s affordable or expensive).
To understand where to cut cash and where to flow based on most important requirement of the day.
- Analyse your expenses & earning/ pocket money.
- Observe where your cash is flowing. By categorizing your expenses in need vs wants on monthly basis. To understand the needs of complete finance in future.
- Learn from your record and mistakes and use it for next time planing. Based on same plan for the savings or investment for the future.
By following simple technique you can strengthen your finance[1].
